---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-004896"
form_type: "8-K"
ticker: "NUAI"
cik: "0002028336"
company_name: "New ERA Energy & Digital, Inc."
filed_at: "2025-01-21T23:59:59+00:00"
generated_at: "2026-05-27T22:34:46.719761+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# New Era Helium finalizes 50/50 JV with Sharon AI for 250MW net-zero data center; issues $3M convertible note

## Summary
- Finalized 50/50 JV with Sharon AI to form Texas Critical Data Centers LLC for a 250MW net-zero energy data center in Permian Basin; each contributed $75,000.
- Negotiating long-term gas supply agreement with TCDC; expects fixed price for 5 years plus three 5-year options (up to 20 years) within 30 days.
- Final site selection expected Q1 2025; pursuing 45Q tax credits for carbon capture and storage.
- Issued $3.0M senior secured convertible note on Jan 16, 2025 (net $2.79M after 7% OID); 10% interest, 15-month term, convertible at $10/share.
- Conversion price subject to dilution adjustments and floor price reset to 20% of VWAP every 6 months starting July 15, 2025; 4.99% beneficial ownership cap.

## SEC filing metadata
- accession: 0001104659-25-004896
- form_type: 8-K
- ticker: NUAI
- cik: 0002028336
- company_name: New ERA Energy & Digital, Inc.
- filed_at: 2025-01-21T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2028336/000110465925004896/0001104659-25-004896-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2028336/000110465925004896/tm253803d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-004896
- JSON: https://secwatch.observer/filing/0001104659-25-004896.json
- Plain text: https://secwatch.observer/filing/0001104659-25-004896.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.